BRIEF: Huya returns to revenue growth after three years of contraction
Livestream gaming company Huya Inc. (HUYA.US) on Tuesday reported it returned to revenue growth in the first quarter of this year, ending more than three years of contraction, as it…
DouYu swims away from livestreaming in search of fresher waters
The company’s stock jumped 17% after it reported strong progress in moving beyond its legacy livestream gaming business, even as its quarterly loss swelled Key Takeaways: DouYu’s fourth-quarter revenue sank…
NEWS WRAP: DouYu names new CEO, declares massive dividend to entice investors
The livestream gaming platform unveiled new leadership more than a year after the arrest of its CEO, in a bid to overcome challenges on multiple fronts By Teri Yu Online…
BRIEF: Huya’s revenue, profit fall as user base keeps shrinking
Livestream gaming platform Huya Inc. (HUYA.US) reportedon Tuesday its revenue fell 7.6% year-on-year to 1.54 billion yuan ($219.1 million) in the third quarter. Revenue from its newer game-related services, advertising,…
Is DouYu swimming towards being acquired?
The livestreamer’s business continued to deteriorate in the second quarter, as it remained without long-term leadership after the arrest of its chairman and CEO last year Key Takeaways: DouYu’s revenue…
Huya’s fledgling diversification drive shows early promise
The operator of a livestreaming gaming platform said revenue from its new services launched just a year ago accounted for 20% of its total in the second quarter Key Takeaways:…
FAST NEWS: DouYu Shares surge on special dividend plan
The Latest: Livestreaming game platform DouYu Holdings Ltd. (DOYU.US) on Wednesday announced a special cash dividend of $9.76 per share, to shareholders of record of ordinary shares and American Depositary…
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